Thursday, December 06, 2012
In an effort to expand into Canada, non asset-based third-party logistics (3PL) services provider Transplace said this week it has acquired Torus Freight Systems, a Richmond Hill, Ontario-based logistics services provider specializing in Canadian cross-border and intra-Canada freight.
Posted on 12/06 at 09:42 AM
Wednesday, December 05, 2012
In its monthly Non-Manufacturing Report on Business, the ISM reported that the index it uses to measure non-manufacturing growth—known as the NMI—was 54.7 percent in November, up 0.5 percent from October.
Federal mediators help reach a tentative agreement for Port of Los Angeles and Port of Long Beach with the Warehouse Union Local 63 Office Clerical Unit ("OCU").
Tuesday, December 04, 2012
Using the “aim high” theory of labor negotiations, union locals representing 7,500 Teamsters at ABF Freight System have asked the seventh-largest LTL carrier for a two-year contract with healthy wage and benefit increases.
Posted on 12/04 at 01:09 PM
ABF Freight •
Following an August announcement in which it announced multiple pending changes to its much maligned government-mandated CSA program, which stands for “Compliance, Safety, Accountability,” the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) said this week that the changes went into effect this week.
Posted on 12/04 at 11:09 AM
One week after the average price per gallon of diesel gasoline rose 5.8 cents to $4.034 per gallon, the Department of Energy’s Energy Information Administration (EIA) reported this week that the price fell 0.7 cents to $4.027 per gallon.
Posted on 12/04 at 10:25 AM
Diesel Prices •
U.S.-bound waterborne shipments, which were up 9 percent and down 3 percent and 4 percent, respectively, in the previous three recorded months declined 10 percent from September to October, coming in at 988,255.
Monday, December 03, 2012
A report in the Los Angeles Times earlier today stated that negotiations between teams representing employers at the ports of Los Angeles and Long Beach meet with the International Longshore and Warehouse Union Local 63 Office Clerical Unit (“OCU”) remain slow-going overall.
The PMI, the index used by the ISM to measure manufacturing activity, was 49.5 in November, which was down 2.2 percent from October’s 51.7.
Group News Editor Jeff Berman offers his list of the 12 news stories that helped shape "the year that was" in logistics and transportation management. The list touches on the impact CSA will make on rates and capacity, how YRC’s comeback is affecting the LTL landscape, and how the DOT’s new Freight Policy Council could help our domestic freight network stay competitive in the global economy.
Posted on 12/03 at 12:07 PM
December 2012 •